NASHVILLE, Tenn. (Nov. 1, 2010) — Bridgestone
Americas Tire Operations (BATO) today announced price increases in the United
States across several of its divisions,including consumer replacement; consumer
original equipment; truck and bus;agricultural; and off road.
Beginning Nov. 1, 2010, Bridgestone,
Firestone and associate brand passenger,
light truck, medium truck, bus,
agricultural and off road tire prices will increase up to8 percent.
“We continue to face a number of market
pressures including increased costs for energy, transportation and raw materials,
resulting in the need for this price increase,” said Eduardo Minardi, BATO Chairman, CEO
and President. “While we are always working to balance costs and deliver a
premium package of value to our customers, we have reached a point where we must
respond.”
About Bridgestone Americas Tire
Operations:
Nashville, Tenn.-based Bridgestone Americas Tire
Operations (BATO) is a business unit of
Bridgestone Americas, Inc., whose parent
company, Bridgestone Corporation, is the world's largest tire and rubber
company. Reporting into the BATO business unit are the company's Latin American
tire operations; the U.S. and Canadian consumer tire businesses; the U.S. and
Canadian commercial tire businesses; and Bridgestone Retail Operations, LLC,
which operates the largest network of company owned automotive service
providers in the world. BATO develops, manufactures and markets Bridgestone,
Firestone and associate brand tires. The business unit is focused on retail,
wholesale and original equipment markets, supplying passenger, light truck,
commercial vehicle, off road, motorcycle, agricultural and other tires to its
customers in the Americas.
In addition, through its Bridgestone Bandag Tire Solutions unit, retreading
customers have access to industry-leading research and development,
manufacturing, marketing and sales expertise, providing them with a total tire
solution.
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